Welcome change on jobless rates

Oct. 02, 2013 @ 05:04 PM

UPDATED 5 P.M.

The month of August brought a welcome change of pace for local unemployment rates.

The question now is will the trend continue as the job market tries to recover after several years of high rates in the wake of the Great Recession.
Unemployment rates decreased by sizable margins across the High Point area from July to August, the N.C. Division of Employment Security reported Wednesday.
The city of High Point jobless rate decreased from 9.7 percent in July to 8.4 percent in August. The last time the city jobless rate reached this level was December 2008, when the rate was 8.3 percent, according to Division of Employment Security records.
“We did really well in August,” said Ikel Williams, manager of the High Point job service office.
Williams said that he’s optimistic about hiring this month for the fall High Point Market. The trade show takes place Oct. 19-24.
“We’ve already had employers coming in, and staffing agencies as well. We expect a good market this year,” Williams told The High Point Enterprise.
Area county jobless levels for August reflect the improvement in High Point.
The Guilford County jobless rate dropped from 9.6 percent in July to 8.7 percent in August. In Davidson County, the unemployment level fell from 9.6 percent to 8.7 percent, while in Randolph County the level dropped from 9 percent to 8.1 percent.
The improvement in jobless rates locally reflects the trend statewide. In August, unemployment rates decreased in 98 of the state’s 100 counties, the Division of Employment Security reports. All 14 of the state’s metropolitan areas recorded decreases in rates from July to August.
The comparison over a year period also offers some encouraging numbers. All counties in the state and all metropolitan areas recorded August jobless rates below the level in August of last year, the division reports.

Jobless levels
   August July August 2012
Guilford  8.7% 9.6% 10.2%
Davidson  8.7% 9.6% 10.4%
Randolph  8.1% 9%  9.6%
Statewide  8.3% 9.1% 9.7%
Source: N.C. Division of Employment Security

 

The month of August brought a welcome change of pace for local unemployment rates.
The question now is will the trend continue as the job market tries to recover after several years of high rates in the wake of the Great Recession.
Unemployment rates decreased by sizable margins across the High Point area from July to August, the N.C. Division of Employment Security reported Wednesday.
The Guilford County jobless rate dropped from 9.6 percent in July to 8.7 percent in August. In Davidson County, the unemployment level fell from 9.6 percent to 8.7 percent, while in Randolph County the level dropped from 9 percent to 8.1 percent.
The improvement in jobless rates locally reflected the trend statewide. In August, unemployment rates decreased in 98 of the state’s 100 counties, the Division of Employment Security reports. All 14 of the state’s metropolitan areas recorded decreases in rates from July to August.
The comparison of jobless rates over a year period also offers some encouraging numbers. All counties in the state and all metropolitan areas recorded August jobless rates below the level in August of last year, the division reports.